Grand Rapids Property Management Blog

Decrease Vacancy in Grand Rapids with Creative Leasing Strategies

If it feels like Michigan has a lot of new people hanging around, you're not wrong. The Sunshine and Golden states saw a combined 31,496 people make Michigan their home in 2022. If there's one thing that's for sure, it's that new residents need new homes.Savvy lan...

What's Next After Buying Your First Rental Property in Grand Rapids?

Last year, the Grand Rapids real estate market was ranked one of the hottest in the nation. For many locals, this marked the long-awaited moment to become a real estate investor.If you're one of the lucky ones who snatched up a great property, you're probably wondering wh...

Essential Tips for First-Time Landlords in Grand Rapids, MI

You've just received the keys to your very own rental property in Grand Rapids. As you walk through the door, you're greeted by the potential for passive income, the thrill of property management, and the occasional quirk of tenant life.From dealing with maintenance reque...

Tips to Attract Tenants in a Tough Grand Rapids Market

What if every rental property you owned was occupied? How much would you earn each month? Increasing your occupancy rate will maximize your earning potential.Unfortunately, about 6.6% of rentals in the US are empty. Without a property marketing strategy, Grand Rapids renters may ...

Open House Success: Tips for Hosting a Memorable Property Showing in Grand Rapids, MI

Although increasingly more people are buying homes sight unseen these days, most homebuyers still want to visit a home in person before making an offer. An open house gives potential buyers a great way to view a home without a lot of pressure and can be worth hosting as a seller....

Selling Your Property? How to Create Irresistible Real Estate Listings in Grand Rapids, MI

Home sales are increasing, with 6.07 million housing transactions completed within a single year. Can your Grand Rapids, MI property stand out from other real estate listings online? If not, it could sit vacant on the market for months.Instead of wasting valuable time and money, ...

Rental Management or Tenant Placement - Which Is Better for Your Grand Rapids Property?

As long as you have good tenants, you can worry less about them not paying rent on time. You can also trust them to respect your property and neighbors and abide by the lease agreement.So, having good tenants can lower your risks of dealing with a high vacancy rate, a low occupan...

Rent Collection: Creative Ways to Incentivize On-Time Rent Payments

In 2022, approximately 15% of American households, equaling six million people, struggled with overdue rent payments. This situation threatens your rental income and underscores the importance of effective rent collection strategies.To minimize late payments, take proactive steps...

Is Outsourcing Your Tenant Screening Process in Grand Rapids, MI a Good Idea?

The average tenant in Grand Rapids, MI, uses 50% of their paycheck to pay rent. This can be a significant burden, putting them at greater risk of falling behind on rent. Thorough tenant screening helps determine if an applicant is the best fit for your rental property.However, th...

How To Get Tenants To Renew Leases in Grand Rapids, MI

How To Get Tenants To Renew Leases in Grand Rapids, MIImagine reaching full occupancy next year. You won't have to worry about marketing, tenant screening, or costly vacancies. The rental vacancy rate in the US has already increased to 6%.Instead, you can sit back and experie...